We have a vast experience with the fixed bid pricing model. In fact, most of our valuable relationships started out with this model but eventually have grown into a Time & Material pricing model (where we bill by hours spent on your project). A fixed price is rarely a good solution for both sides, because:
The latter effect is undesirable in a business environment because IntelligentBee is about avoiding conflicts with our clients, as we believe that a good relationship with our customers is the key to success.
With that in mind, we still provide our clients a fixed bid on small or easily predictable projects. We always provide our clients with detailed estimates on all stages of the project and complete weekly statistics on used resources, so that you know how your money is spent to move the project forward. It’s very important for us to make the cost of the project completely transparent for clients on every stage, allowing them control of the cost.